The United States Securities and Exchange Commission has alleged that Gautam Adani met then Andhra Pradesh Chief Minister Jagan Mohan Reddy in August 2021 to address the state's reluctance to sign an agreement with the government-run Solar Energy Corporation of India. However, Jagan Reddy's party, which was in power between 2019-2024, said its government had no "direct agreement" with the …
VIJAYAWADA: YS Jagan Mohan Reddy’s YSR Congress Party has strongly condemned the allegations of USSEC in its Indictment saying that they are incorrect. The Power Sale Agreement was signed between two government agencies SECI and Discoms after the approvals from the AP Electricity Regulatory Commission and the Central Electricity Regulatory Commission and there was no direct agreement with Adani group. …
Vijayawada: The YSRC has denied allegations of a direct agreement between Andhra Pradesh Discoms and the Adani Group following claims of bribery involving government officials to secure power, as reported in an indictment by the US Department of Justice. In a statement issued on Thursday, the YSRC clarified that it received an offer from the Solar Energy Corporation of India …